For January 17th
1:52 a.m. Talks over Nigerian fuel prices failed to reach an agreement over the removal of the fuel subsidy.
6:45 a.m. China, the second largest economy, had found its economic growth has slowed, with its GDP down from 9.1% to 8.9% in the fourth quarter.
7:18 a.m. RBS has sold aircraft leasing units to Sumitomo for £4.7billion, the single biggest disposal of assets by RBS since it was rescued by the government in 2008.
8:45 Premier Foods is to shed about 600 staff as in an attempt to double cost savings to £40million a year.
9:14 a.m. Dixons, owner of Curry’s and PC World, has seen a sales fall of 5%.
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| It's been a good day for inflation rates, with both the UK and Eurozone inflation rates falling closer to the desired 2% |
11:00 a.m. The UK’s inflation rate fell 4.2% in December, down from 4.8% in November.
11:11 a.m. Airbus has seen record orders worth £91billion for 2011.
11:19 a.m. The Eurozone’s inflation rate is down 3%, to 2.7%, in December, but still above the target of 2%.
0:12 p.m. German investor sentiment has improved dramatically from 53.8 to minus 21.6, a 7-month high.
1:25 p.m. Peacocks clothing firm has been granted 10 days protection from its creditors to find an investor to prevent it going into administration for £240million of debts.
3:35 p.m. Citigroup has reported a profit of £7.3billion for 2011, up by 6% on the previous year.
3:40 p.m. EU has opened legal action against Hungary after it reforms to its central bank, data protection and judiciary, the PM has one month to respond!
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